The Dow Industrials reached the 22,000 mark briefly for the first time ever driven entirely by Apple’s earnings results, putting the index on track for its seventh consecutive daily rise. The broader market pulled back on weakness in the energy sector.

Oil prices slipped despite modest draw in crude inventories. The Energy Information Administration (EIA) reported a smaller than expected decline in the U.S. crude inventories                      

Adding a positive note on the day, data showed U.S. private employers added 178,000 jobs in July, more than expected, according to ADP.  This is a good sign for what will be reported tomorrow on the nonfarm payrolls reports.

These are the sectors that showed the greatest gain;

• Professional & Business    +65,000
• Education & Health            +43,000
• Leisure & Hospitality          +15,000

Declining issues outnumbered advancers on the NYSE by 1,871 to 866. On the Nasdaq, 2,114 issues fell and 601 advanced.